Reps to work with Dangote refinery on deepening local content

Mr Emmanuel Ekon, the Chairman, House of Representatives Committee on Local Content, on Wednesday commended Dangote for its huge investment on the refinery and...

NNPC may ban petrol with high sulphur content by Dec 31

The General Manager, Group Public Affairs, Nigerian National Petroleum Corporation (NNPC), Ndu Ughamadu, has said the corporation may ban imported fuel with high sulphur content by...

NNPC says 5 ships with 250m litres petrol to arrive Nigeria in 3 days

The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that it is expecting up to five ships loaded with 50 million litres each of petrol...

NNPC adopts 24 hr depot, retail services to clear fuel queues

The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja,...

Nigeria facing serious threats as U.S. exports oil & gas at a record pace...

Nigerian oil and gas exports look to be facing serious threats down the line as the United States, typically the world’s largest oil consumer,...

NNPC GMD reads riot act to stations hoarding fuel

The Group Managing Director (GMD), Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru, yesterday said the Federal Government would adopt an “aggressive measure” to...

FG looking to amend deep offshore oil act to increase oil revenue – Kachikwu

According to Nigeria’s oil minister, Emmanuel Ibe Kachikwu, the country is seeking to amend a law on deep offshore oil exploration and drilling, with...

Barkindo says OPEC oil goal is close as stockpile glut shrinks further

According to the secretary general of OPEC, Mohammad Barkindo, the group is near its goal of rebalancing the oil market as an inventory overhang...

2019 petrol imports deadline on course with Petrolex, Dangote, other refineries – Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Tuesday disclosed that the federal government’s target to end importation of petroleum products...

World Bank to stop financing upstream oil, gas after 2019

The World Bank Group Tuesday said it will stop financing upstream oil and gas after 2019, as part of a wider commitment to global...

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